Grilla Grills Set to Start Selling at Retail – AOUT Earnings Takeaways

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Grilla Grills’ parent company, American Outdoor Brands (NASDAQ: AOUT), released earnings yesterday for their quarter and year that ended April 30th, 2024. Unlike many other outdoor companies this earnings cycle, they turned in some good growth with a 5.2% organic revenue increase year-over-year.

Mix Shift to Outdoor Lifestyle

AOUT was spun out of Smith & Wesson, so they have shooting sports brands and outdoor lifestyle brands. While 54.3% of their sales in fiscal year 2020 were from shooting sports brands, that mix has now shifted to 54.4% outdoor lifestyle.

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